| ZIP Code | 98407 |
|---|---|
| City | Tacoma |
| State | Washington (WA) |
| County | Pierce County |
| Area Code | 253 |
| Elevation | 214 ft |
| Latitude | 47.291951 |
|---|---|
| Longitude | -122.517727 |
| Timezone | Los Angeles (DST) |
| FIPS | 53053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.0 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.11 |
| Below Poverty | 6.5% ▼ 35% below avg |
| College Grads | 59.2% ▲ 53% above avg |
| Unemployment | 3.0% ▼ 40% below avg |
| No HS Diploma | 141 (0.9%) |
| HS Graduate | 2,412 (15.1%) |
| Some College | 1,794 (11.2%) |
| Associates | 2,198 (13.7%) |
| Bachelors | 1,417 (8.8%) |
| Graduate Degree | 8,059 (50.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $108,905 ▲ 43% above avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $613,000 ▲ 120% above avg ↑ 63% since 2019 |
| Home/Income Ratio | 5.6x (nat avg ~3.5x) |
| Median Rent | $1,847/mo ↑ 31% since 2019 |
| Total Units | 10,545 |
| Vacant Units | 558 |
| Avg HH Size | 2.11 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,545 |
|---|---|
| Vacant | 558 |
| Owner Occupied | 65.4% |
| Renter Occupied | 34.6% |
| Avg HH Size | 2.11 |
ZIP code 98407 is located in Tacoma, Washington, within Pierce County. With a population of 21,210, this is a moderately populated ZIP code with a mature community — the median age is 47 years. Economically, 98407 is a upper-middle-income ZIP code: the median household income of $108,905 is above the national average.
Real estate in ZIP code 98407 represents a premium housing market. The median home value of $613,000 is more than double the national average. Renters can expect to pay around $1,847 per month in median rent. Homeownership is strong here — 65.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 63% since 2019.
The population of 98407 is primarily White (76.96%). Residents are well-educated — 59.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.5%. Household income has grown by 36% since 2019.
The unemployment rate in 98407 stands at 3.0%, which is below the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 98407 in Tacoma, WA is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 21,210 residents, a median household income of $108,905, and a median home value of $613,000, it offers a clear picture of life in this part of Washington.